This article is included in these additional categories: Africa - Other | Americas - Other | Budgets | C4ISR | Contracts - Awards | Daily Rapid Fire | Electronics - General | European Union (EU) | Helicopters & Rotary | Industry & Trends | Issues - International | Issues - Political | Mergers & Acquisitions | Russia | UAVs | USA
Rapid Fire 2011-04-06: Dual Use Items from Europe
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* US House Budget Committee Chairman Paul Ryan (R-WI) unveils [PDF] Republican answer to Obama administration’s FY 2012 budget; Republican version reflects $178 billion in defense savings over the next 5 years identified by Defense Secretary Robert Gates. * Meanwhile, House Republicans are proposing $12 billion in cuts for discretionary spending in the FY 2011 continuing resolution, while boosting DoD funding [PDF] by $7.6 billion over FY 2010 levels through Sept 30/11. * The European Parliament approves plans to extend the EU list of dual-use items that can be exported to “nonsensitive” countries in exchange for greater oversight of the notification system from the European Council. * Russia delivers 2 Mi-35P Hind E attack helicopters to Peru as part of an $108 million contract signed in July 2010, which included delivery of 6 Mi-171 Hip H multirole helicopters as well. * South Africa inducts its first AH-2 Block 1F Rooivalk, after South Africa’s government ponied up additional cash. It only took over 20 years from the first prototype rollout. * Greek mythology inspires Global Defense Technology & Systems – a McLean, VA-based defense technology firm – to change its name to Sotera Defense Solutions following its acquisition by Ares Management. […]
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